Quad/Graphics, Inc. — Third Quarter 2026 Earnings Summary

Quad/Graphics reported third-quarter 2026 net sales of $587 million, matching the prior year, while net earnings declined to $6 million due to increased restructuring and impairment charges. The company announced an updated full-year 2026 guidance, narrowing the Adjusted EBITDA range to $185–$195 million and improving the Adjusted Annual Net Sales Change outlook to a 1% to 3% decline. Year-to-date results showed $1.7 billion in net sales and $15 million in net earnings, with Adjusted Diluted Earnings Per Share rising 29% to $0.84. Additionally, Quad returned $23 million to shareholders through dividends and share repurchases and declared a quarterly dividend of $0.10 per share payable in December 2026.